I got there early so that I didn't miss out on anything and actually made it there early enough to help the other volunteers set up a table with name tags and itineraries.

The set fee was 10% but once I handed over my 5 units they went down to 9%.  

Generally no set penaltyIf this is an REO, your contract states the bank owes no penalty, either wait or walk, there could be title issues, or just behind.

I am in the process of setting up Appfolio and a website to do rentals, I have a rehab team and an office manager ready to engage.

This would allow us to complete the rehab using personal lines/private money and then set up traditional financing after 1 year of collecting rents.

You have to know what you are trying to accomplish (flip, hold, where you want to be equity wise, if holding how much rent you'd get, etc) is very likely to happen as planned given all the data.

I'm new to this setting as well.

With this strategy, funds are set aside for you to use.

Reading it changed my mind set about working and creating wealth, but didn't give me many tips on how to actually accomplish those goals.

They may not allow the square footage of the street surfaces to be included in the calculation, they may not allow set-backs to be used in the calculation and there may be requirements for open space.